Europe – Page 65
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News
Volga-Dnepr links up with Henan for trans-Siberian air bridge initiative
Russia's Volga-Dnepr Group has linked up with China's Henan Airport Group and Zhongyuan Asset Management to create a “trans-Siberian air bridge” as part of China’s ‘One Belt, One Road’ initiative.The three parties have signed a framework agreement on long-term strategic co-operation.Aleksey Isaikin, president of Volga-Dnepr Group, spoke of a tri-partite ...
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Capacity bottlenecks contribute to half-year dip in Frankfurt cargo volumes
Frankfurt airport's cargo volumes dipped 0.4% in the first half of 2018, hindered by "temporary capacity bottlenecks" in cargo handling, a decline in Far East-bound traffic and reduced German industrial output.Reporting its interim six months financial results, airport operator Fraport said that Germany's number one cargo hub handled 1,075,247 tonnes ...
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E-commerce and freight forwarding boost for DP DHL's second quarter
Deutsche Post DHL Group's (DP DHLG) revenue rose by 1.4% to more than €15bn in the second quarter of 2018, driven primarily by “significant gains” at DHL Express and Global Forwarding, Freight.The quarter's operating profit (EBIT) at the German logistics giant amounted to €747m, down by 11.2% against the record ...
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Brexit: Keep the planes flying and the trucks rolling, says FTA
UK Logistics professionals have warned the government’s Brexit negotiators to prioritise the negotiation of aviation and road access agreements with the European Union (EU) as the clock keeps ticking on Britain's departure from the EU.The FTA membership association, representing more than 17,000 UK logistics businesses, issued its supply chain warning, ...
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NewsABC Jumbo gives his giraffe friends a lift to China
AirBridgeCargo Airlines (ABC) flew 66 baby giraffes on a charter flight from South Africa to China, via the Russian cargo carrier's Moscow Sheremetyevo hub.The 'tower' of giraffes, collectively weighing around 38 tonnes, travelled on an ABC Boeing 747 freighter (pictured below) at the end of July from South Africa’s O.R. ...
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UK Customs crunch warning as new system faces significant Brexit challenges
The UK National Audit Office (NAO) has warned that "significant challenges" remain in the implementation of a new Customs Declaration System (CDS) which is due to go fully live in January 2019.In a progress update report on the implementation the NAO also acknowledges that HM Revenue & Customs (HMRC) has ...
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DSV air cargo volumes up 12% in Q2
Denmark-based logistics operator DSV recorded an 11% increase in airfreight volumes to 336,300 tonnes during the first half of 2018, driven mainly by a "strong performance" in EMEA and Americas exports.The rise in DSV's half year air cargo throughput outpaced an overall market benchmark of 5% growth in the same ...
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NewsLufthansa Cargo sees revenues and profits rise in Q2
Higher pricing in the airfreight market helped propel profits at Lufthansa’s cargo business during the second quarter of the year.The German airline’s logistics division, which includes Lufthansa Cargo as well as Jettainer, time:matters and its equity investment in AeroLogic, saw total second-quarter revenues increase by 12.1% year on year to ...
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NewsEast-West airfreight rates fell 3% in May, says Drewry
Airfreight rates fell 3% between May and June 2018, with Drewry’s East-West Airfreight Price Index dropping to $2.63 per kg.However, said Drewry, the rate remains some 7% higher than June last year, adding: "The ramifications of the trade war between the US and China, as well as tariffs on the ...
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IAG Cargo offers direct route to Pittsburgh in 2019
IAG Cargo has announced the launch from April 2019 of a year-round, four times a week passenger service from London Heathrow to Pittsburgh, Pennsylvania.The only direct flight from the UK to Pittsburgh will be operated by the Boeing 787-8 Dreamliner, with a cargo payload of up to 14 tonnes per ...
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Segro: Planning to replace Heathrow's cargo 'horseshoe'
Heathrow’s cargo landlord, Segro, is already planning for the complicated construction jigsaw that will see the 1960s design ‘horseshoe’ cargo area replaced by a modern cargo city when a third runway opens.Late June saw Members of Parliament in the House of Commons vote 415 to 119 in favour of Heathrow ...
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Alfa bravo for Emirates SkyCargo
Emirates SkyCargo and Gargash, a distributor of premium and luxury cars in the United Arab Emirates (UAE), have partnered to transport two Alfa Romeos from Dubai to London for the Gumball 3000 motor rally.An Alfa Romeo Stelvio Quadrifoglio and an Alfa Romeo Giulia Quadrifogli were flown on an Boeing 777 ...
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CEVA cuts transit times for Rolls Royce aero-logistics
CEVA Logistics has completed phase one of a global inbound aero-logistics project for Rolls-Royce. Starting in 2017 and running through the first half this year, CEVA has designed, implemented and managed the domestic, regional and international shipment of aerospace parts for both the civil and defence divisions of Rolls-Royce.Over 1,200 ...
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CEVA continues to improve despite drop in airfreight volumes
CEVA Logistics saw its airfreight volumes decline during the second quarter as a result of the end of old customer contracts and ahead of the start of new ones.The latest financial results from CEVA show that total air cargo volumes declined by 1.3% year on year to 120,200 tonnes despite ...
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DHL and Ethiopian Airlines confirm African joint venture
DHL Global Forwarding and Ethiopian Airlines are to form a joint venture company to “build the leading cargo logistics provider joint venture company in Africa”.DHL-Ethiopian Airlines Logistics Services will be based in Ethiopia but will conduct business on the entire African continent, said the two companies in a statement.Ethiopian Airlines, ...
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NewsEuropean cargo monthly: Demand slips in June
Cargo traffic at some of Europe’s major combination carriers declined in June, a reflection of the strong market this time last year and a general slowdown in trade on major lanes.Europe’s largest cargo carrier group, Lufthansa, saw cargo traffic across its airlines decline by 0.6% in June to 913m revenue ...
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Swiss WorldCargo achieves CEIV Pharma for its airline business
Swiss WorldCargo has received IATA’s Center for Independent Validators (CEIV) Pharma certification encompassing the airline.The certification was awarded following an extensive review from IATA recognised independent auditors.The certification means that IATA now recognises the airline's "globally consistent pharmaceutical handling and processes" to maintain standards.Swiss WorldCargo’s Zurich hub received CEIV certification ...
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AirBridgeCargo adds Ho Chi Minh City to its network
AirBridgeCargo Airlines (ABC) has launched a freighter service to Ho Chi Minh City, one of the busiest cities in Vietnam and a major manufacturing hotspot in Asia.It becomes becomes ABC’s 12th online destination in Asia, and the Boeing 747 freighter flight will link customers from Singapore and Ho Chi Minh ...
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Technology can unlock Heathrow's latent airfreight capacity
Heathrow has Parliamentary approval for a future third runway but the airport’s head of cargo, Nick Platts, believes that better use now of new technology in the cargo centre can “unlock latent capacity” to handle increased airfreight volumes.Platts, speaking at the Farnborough International Airshow, said: “The new runway will double ...
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Leisure Cargo joins cargo.one portal
Virtual airline Leisure Cargo is the latest airfreight provider to begin offering its services through online portal cargo.one.The tie-up means that forwarders will now be able to make digital booking of Leisure Cargo's global freight capacity based on live spot rates and receive immediate confirmation."With the help of cargo.one, Leisure ...